- Ramy Abuk... WEBSTAR In MOODLE Dashbo. MyLab Math M Mathway Other Bookmarks HouTL8 M Tre (4 274) = a. Saved Help Submit Save & Exit nework Check my work Confucius Bookstore's inventory is destroyed by a fire on September 5. The following data for the current year are available from the accounting records Beginning inventory, Jan. 1 Jan. 1 through Sept. 5 purchases (net) Jan. 1 through Sept. 5 sales (net) Current-year estimated gross protit rate $150,000 5327,000 $654,000 411 Estimate the cost of the inventory destroyed. $ 150,000 Beginning inventory Estimated September 5 inventory destroyed